Location: Chennai
Experience: 5-8 years in Purchase, Procurement, & Sales Planning
Education Qualification: Bachelor’s/Master’s degree in Supply Chain Management, Business Administration, Engineering, or a related field
Salary: As per industry standards
Role Overview:
The Assistant Manager – Purchase & Sales Planning will be responsible for end-to-end procurement and sales forecasting, ensuring alignment between demand and supply to optimize inventory and enhance operational efficiency. The role requires expertise in vendor management, demand planning, procurement strategies, and cross-functional collaboration to meet business objectives.
Key Responsibilities:
Purchase & Procurement Management
- Develop and execute procurement strategies to ensure cost-effective and timely purchasing.
- Identify and negotiate with suppliers to optimize pricing, lead times, and quality.
- Ensure supplier compliance with company policies and regulatory requirements.
- Monitor purchase orders, delivery timelines, and supplier performance.
- Implement cost reduction initiatives while maintaining product quality and availability.
Sales Planning & Forecasting
- Collaborate with sales and marketing teams to analyze historical data and market trends for accurate demand forecasting.
- Develop sales plans based on customer demand, inventory levels, and production capabilities.
- Ensure effective inventory management by balancing stock levels to prevent shortages or excess inventory.
- Align purchase plans with sales projections to optimize cash flow and minimize risks.
Inventory & Supply Chain Coordination
- Work closely with warehouse and logistics teams to ensure smooth supply chain operations.
- Implement systems to track inventory levels and forecast future requirements.
- Ensure timely replenishment of stock based on demand fluctuations.
- Monitor and improve stock rotation, reducing obsolete inventory and minimizing carrying costs.
Process Optimization & Reporting
- Leverage ERP/SAP systems to manage procurement, inventory, and sales planning data efficiently.
- Generate periodic reports on purchase trends, inventory levels, and sales performance.
- Continuously review and optimize procurement and sales planning processes to enhance efficiency.
- Identify risks and implement contingency plans for supply chain disruptions.
Cross-Functional Collaboration
- Liaise with finance teams for budget approvals and cost analysis.
- Work closely with operations and production teams to ensure seamless execution of supply and demand planning.
- Address customer requirements and ensure smooth order fulfillment.
Key Skills & Competencies:
- Procurement Expertise: Strong knowledge of sourcing, vendor management, and cost negotiation.
- Sales Forecasting & Demand Planning: Ability to analyze market trends and predict demand fluctuations.
- Inventory Management: Proficiency in managing stock levels to balance supply and demand.
- ERP & Data Analytics: Experience with SAP, Microsoft Excel, and forecasting tools.
- Strategic Thinking & Problem-Solving: Ability to optimize purchasing and sales planning operations.
- Cross-Functional Coordination: Effective communication and collaboration across multiple departments.
Preferred Qualifications:
- Certification in Supply Chain Management (CSCP, CPIM) or Procurement (CPSM) is a plus.
- Experience in industrial automation, manufacturing, or distribution is preferred.